In December 2017 the number of unemployed people in Kazakhstan amounted to 441,800 people, which is 5% of the economically active population, the Statistics Committee of the Kazakh Ministry of National Economy reported. As of the end of December 2017, the employment agencies of the Republic of Kazakhstan registered 70,300 unemployed people or 0.8% of…
Prices for consumer goods and tariffs for services in Azerbaijan increased by 12.9% in 2017 as compared to 2016, the State Statistics Committee said. During the period, prices for food products grew by 16.4%, prices for non-food items by 11.6%, and the cost of paid services increased by 9.3%. Monthly inflation for December 2017 was…
Prime Minister Volodymyr Groysman has said that Ukraine’s external debt totals 83% of the country’s GDP. At the same time, he reminded that in 2014, when Arseniy Yatsenyuk became the prime minister, the state budget amounted to UAH 108,000, as the previous regime brought huge damage to the country. “Then there was the annexation of…
Ukrainian Infrastructure Minister Volodymyr Omelyan says Ukrainian state-run railways operator JSC Ukrzaliznytsia should focus only on the comprehensive development of transportation services. “Ukrzaliznytsia will never be able to make quality locomotives on its own. It will never make high-quality rail cars. When they talk about their passenger trains, I’m sorry, it’s past century technology: railway…
The Orsha-based dairy company will start implementing two investment projects in 2018, representatives of the company reported. The Orsha dairy company intends to install a new line for packaging milk in containers with a longer shelf life. The equipment able to process up to 100 tons of milk per day will be installed in spare…
The Baku Stock Exchange (BSE) held an auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA) worth 150 million manats with a maturity period of 28 days, the BSE said in a message. The demand exceeded the supply – banks applied for 150.69 million manats at par value. The deadline for payments on…
Turkmen President Gurbanguly Berdimuhamedov discussed the construction of the Turkmenabat-Turkmenbashi highway during a working trip in Ashgabat. The president put forward a proposal to name the highway running from Amul (Amu Darya River) to Khazar (Caspian Sea) the Great Silk Road. This initiative is a real result of practical implementation of the resolutions on transport…